prices

In January consumer prices increased by 0.3% compared with December and were 2.3% higher than a year ago.

A survey shows overwhelming public support for a spontaneous boycott action in May when shoppers where urged to avoid major supermarket chains in protest of rising food prices. To read this article, try a €5.99 monthly subscription by clicking here.

First locally grown strawberries have reached Lithuanian marketplaces, but high prices have made buyers wonder if they are not another sign of price hikes following the euro adoption.

A march to protest against the high prices of goods was held in Kaunas on Saturday as a follow up to the three-day boycott of supermarkets organised earlier in the week.

A three-day boycott campaign in protest of retailers raising food praises have been a partial success, organizers say. Lithuania's major supermarket chains say they served between 3% and 5% fewer shoppers during the boycott.

The first long overdue signs of consumer empowerment in Lithuania provoked by rapidly rising prices of basic goods has been met by incredible accusations of Russian conspiracies, despite the evidence clearly showing that prices have skyrocketed in the wake of the introduction of the euro.

Lithuanian consumers outraged at spiking food prices are starting a three-day boycott of supermarkets on Tuesday. Industry experts say, however, that the initiative will not have much of an impact.

Growing consumer prices have irked many in Lithuania a year and a half after the country switched to the euro. While the prime minister has blamed it on retailer mark-ups, economists point to other reasons.

The annual inflation rate in Lithuania rose to 0.7% in January of this year, according to the latest figures from Eurostat.

The price of services in Lithuania grew more than in any other European Union country last year, increasing over 5%.

This month, the Maxima retail chain performed a double independent price comparison for some of the most popular products sold in 14 different European countries, the company said.